An emotional CEO who has challenging people skills at best, defers to the COO / CFO on all decisions. Problem being that the COO/CFO could care less about human capital so employee well-being is never factored into decision making. Since he joined the company there have been rounds of layoffs every year, firing dedicated employees without reason - usually just before their options vest. I've seen high achieving employees marched out of the office leaving those around speechless and frightened. The good thing about so many people leaving (or being fired) is there is always someone to blame when things go wrong. This goes along with the me-first attitude exhibited by many - especially in management.
The C-level suite turns over every quarter. Smart, strong executives do not want to stick around this place, leading to disfunction with very little progress.
It's a shame, what was once an exciting leader in the space is no longer.